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The Chinese market has several prominent characteristics, first of all, it has a large market capacity. Secondly, there is a significant difference in demand from the high-end to the low-end. In addition, the Chinese market is to a certain extent highly sensitive to costs, with fierce competition and rapid market changes. Especially at the current stage of market transformation and industrial upgrading, China has higher uncertainty and challenges compared to mature overseas markets, If a company can survive, develop, and grow in this market, it can take root in any other market. Therefore, exploring the Chinese market is also a crucial step for GE Measurement and Control to plan for global development.
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